Literature Study: Understanding Financial Literacy In University Student’s Consumptive Behavior

Rizki Amalia Rachmawati

doi:10.58471/scientia.v13i04.2641

Rizki Amalia Rachmawati Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung

DOI: https://doi.org/10.58471/scientia.v13i04.2641

Keywords: Financial Literacy, Consumptive Behavior, University Students

Abstract

Financial literacy is the knowledge, understanding, skills, and beliefs of humans who are able to manage finances well, optimally, and wisely. With this understanding of financial literacy, it is hoped that students will be able to consume something that is a need, not a desire, or consume wisely. This research method uses literature studies by searching from various sources such as books, articles that have related discussions. This study found that understanding financial literacy can be a good and wise decision-making in student consumer behavior. This economic literacy affects consumer behavior experienced by students. Therefore, good knowledge and understanding of financial literature are needed, so that students become wiser and more rational in consuming.

Downloads

Download data is not yet available.

References

Choerudin, Achmad., et al. (2023). Financial Literacy. West Sumatra: PT. Global Executive Technology.

Hamidah, Enanda NuR., Subroto, Waspodo Tjipto., & Hakim, Lukman. (2024). Literature Study of Analysis of Financial Literacy Level in Improving Adolescent Financial Behavior. Bali: Undiksha

Hawkins, D.I., & Mothersbaugh, D.L. (2019). Consumer Behavior: Building a Marketing Strategy.

Helsper, E.J., & Eynon, R. (2013). Digital Skills at Home.

Kotler, P., & Keller, K.L. (2016). Marketing Management.

Mankiw, N.G. (2014). Principles of Economics.

Mardani, Adha Ratia., Harini, & Nugroho, Jonet Ariyanto. (2024). The Influence of Lifestyle and Economic Literacy on the Consumer Behavior of Fashion Products in Economic Education Students, FKIP UNS Surakarta, Class of 2021-2023. Jember: University of Jember.

Mcgraw, P.A., & Smith, A.M.R. (2016). The Role of Knowledge in Consumer Decision Making.

Oseifuah, E. (2013).” Financial Literacy: A Tool for Financial Stability.” Journal of Financial Education, 39 (1-2), 22-35.

OJK Regulation No. 76/POJK.07 2016 concerning Improving Financial Literacy and Inclusion.

Pindyck, R. S., & Rubinfeld, D. L. (2013). Microeconomics.

Rahardja, Pratama and Mandaala Manurung. (2008). Introduction to Economics (Microeconomics & Macroeconomics). Jakarta: FEUI Publishing Institute

Roh Anto, Fajar & Susanti, Ari. (2021). The Influence of Financial Literacy, Hedonistic Lifestyle, and Priadi's Financial Attitudes on Students' Financial Behavior. North Sumatra: Labuhanbatu University.

Shiller, RJ (2000). Measuring Bubble Expectations and Investor Confidence.

Solihat, Ai Nur and Arnasik Syamsudin. (2018). The Influence of Economic Literacy on the Consumptive Behavior of Students of the Department of Economic Education, Siliwangi University. West Java: Pasundan University.

Solomon, MR (208). Consumer Behavior: Building, Having, and Becoming.